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Q: I'm ready to have a professional tax accountant prepare
my federal tax return. What items should be on hand, when
I am ready to file my taxes?
A: We can never stress the importance of record-keeping
enough. The receipts and paperwork from prior years that
you preserve can be a real helper in case of an unfortunate
audit; most of these are picked at random by IRS. So always
keep the following with your important paperwork and bring
them with you to begin Income Tax Preparation:
- Prior year's tax return
- Forms 1099-Int, 1099-OID and 1099-DIV for interest and
dividends
- Forms W-2 for wages
- All information for sales of stocks or business assets
- Business, rental and/or farm income and expenses summarized
with totals
- Forms 1099-G for unemployment and other government payments
- Forms 1099-R for retirement distributions
- Distinct categories of income and expense laid out on
paper
- Schedules K-1 for partnerships, S corporations, estates
and trusts
- Complete listing of all sources of taxable and nontaxable
income
All receipts for expense as useful while for income tax preparation
and are listed below:
- Childcare expenses
- Real estate taxes
- Home mortgage interest
- Charitable contributions
- Employee business expenses
- Medical and dental expenses
- All other deductible expenses
We offer:
- Prepare annual individual and corporate tax returns (all
states)
- Prepare annual individual and corporate tangible and intangible
tax returns
- Prepare annual tax returns for partnerships, fiduciary
, and non-profit organizations
- Individual Returns
- 1040, 1040A and 1040EZ Returns
- Free Electronic Filing (with prepared return)
- Estimated Tax Calculations
- Schedule C (Sole Proprietor)
- Schedule D (Financial Investments)
- Schedule E (Investments, i.e. Real Estate)
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